Cherry Bekaert: Government & Public Sector

In the final episode of Cherry Bekaert’s three-part GASB 103, Financial Reporting Model Improvements podcast series, we discuss the changes to budgetary comparison information. Co-hosts, Danny Martinez, CFO Advisory Partner, and Scott Anderson, Audit Partner, are joined by Vicki Dallas, CFO Advisory Senior Manager, to provide insight into what the Governmental Accounting Standards Board (GASB) aim...

In the second episode of Cherry Bekaert’s three-part GASB 103, Financial Reporting Model Improvements podcast series, we discuss the changes to classification and presentation of proprietary funds. Co-hosts, Danny Martinez, CFO Advisory Partner, and Scott Anderson, Audit Partner, are joined by Alyssa Rousseau, CFO Advisory Senior Manager, to provide insight into what the Governmental Accounting St...

In this first episode of Cherry Bekaert’s three-part podcast series on the Governmental Accounting Standards Board (GASB) Statement No. 103, Financial Reporting Model Improvements , co-hosts Danny Martinez, CFO Advisory Partner, and Scott Anderson, Audit Partner, are joined by Michael Brotherton, CFO Advisory Senior Manager. Together, they discuss what is changing and what is being emphasized in t...

Part two of Cherry Bekaert’s Government & Public Sector Governmental Accounting Standards Board (GASB) Update podcast covers GASB 104, Disclosure of Certain Capital Assets, updates to the 2025 Implementation Guide and current projects at GASB. Danny  Martinez, CFO Advisory Partner, and Scott Anderson, Audit Director, break down what the latest updates mean, why they matter and how they could s...

In this episode of Cherry Bekaert’s Government & Public Sector podcast, Danny Martinez, CFO Advisory Partner, and Scott Anderson, Audit Director, discuss updates to Governmental Accounting Standards Board (GASB) 102 & 103. Whether you're a seasoned accounting professional or just trying to keep up with the latest in governmental accounting, this episode will help you understand what t...

Grants professionals must navigate every phase of the grant lifecycle, from pre-award planning to final closeout. One particularly stressful aspect of grants management is preparing for the single audit and addressing the associated challenges. For success in this phase, grant professionals and accounting staff must seek to comprehend the auditor's role and the expectations involved.  In part...

The Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences, helps align the recognition and measurement guidance under a unified model and amends certain previously required disclosures. The statement refreshes the GASB’s compensated absence guidance from the 90s to reflect changes to compensated absences offered since the guidance was introduced. Cherry Bekaert’s t...

Subrecipients play a crucial role in executing grant projects, but determining whether to contract with a vendor or issue a subaward to a subrecipient can be challenging. Given the complexities of subrecipient monitoring and the high compliance demands, it may not always make sense for an organization to opt for a subaward. As such, it's essential for organizations to make informed decisions...

The Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences, helps align the recognition and measurement guidance under a unified model and amends certain previously required disclosures. The statement refreshes GASB’s guidance from the 90s based on the changes to compensated absences offered since the guidance was introduced. Cherry Bekaert’s team has outlined a fou...

The Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences, helps align the recognition and measurement guidance under a unified model and amends certain previously required disclosures. The statement refreshes GASB’s compensated absence guidance from the 90s based on the changes to compensated absences offered since the guidance was introduced. Cherry Bekaert’s tea...

In this episode of Cherry Bekaert’s Government & Public Sector podcast, host Kat Kizior, Cherry Bekaert’s Grants Management Solutions Lead, and GovNavigators’ CEO Robert Shea, walk through the sequence of events following the Office of Management and Budget's (OMB) memo issued Monday, January 27, 2025.  The memo instructed all agencies to temporarily halt "all activities related to t...

The Governmental Accounting Standards Board (GASB) Statement No. 101, Compensated Absences helps align the recognition and measurement guidance under a unified model and amends certain previously required disclosures. The statement refreshes GASB’s compensated absence guidance from the 90s based on the changes to compensated absences offered since the guidance was introduced. Cherry Bekaert’s team...

In the field of grants management, staffing transitions often lead to a high-risk environment for compliance violations, operations disruption, and heightened stress levels in organizations already stretched thin. Nevertheless, as explored in this podcast, these transitions and the accompanying challenges are common issues many organizations face for various reasons.  Grant Management Manager Kat...

Following the recent natural disaster, we paused our scheduled programming to provide our viewers with key information on Federal Emergency Management Agency (FEMA) assistance for recovery. This podcast provides essential details on deadlines, the application process for the FEMA Public Assistance Program and what to expect after applying.  Kat Kizior, Grant Management Manager, and new co-host Pau...

In the fifth episode of the grants management podcast series, we focus on grants compliance and the benefit of using automation for tracking and reporting. Host Kimberly Konczack, an Advisory Manager at Cherry Bekaert, is joined by Kat Kizior, Manager, and special guest Emily Naufel, Director of Customer Success at AmpliFund. Together, they discuss the benefits of automation and tips for organizat...

Episode four of the Grants Management Podcast series focuses on indirect costs related to grant projects and the importance of capturing those costs to assist your organization with grant-related personnel and overhead expenses. This podcast episode is hosted by Kimberly Konczack, an Advisory Manager at Cherry Bekaert, and Kat Kizior, Manager, with special guest Nikky Lettini, Managing Director, A...

Podcast host Danny Martinez, Managing Director and Government & Public Sector Accounting Advisory Lead, is joined by Lauren Strope, Partner, and Jack McKee, Advisory Senior Manager to recap and reflect on their time at the 118th Government Finance Officers Association (GFOA) National Conference. Held in Orlando, FL, the conference had over 7,000 attendees, with 50 states represented and chance...

Cherry Bekaert’s Advisory Leader, Srikant Sastry , is joined by journalist Richard Greene and his wife, Catherine Barrett, as they discuss the openness driver of the Organization for Economic Co-operation and Development’s (OCED) Trust in Government Framework. Richard Greene is a prominent journalist who has spent the better part of the past 30 years covering state and local governments. It is oft...

The Office of Management and Budget (OMB) recently published its final revisions to the federal Uniform Guidance (2 CFR Part 200). This revision outlines compliance and reporting requirements for federal financial assistance, such as grants and loans.  Host Kat Kizior , Senior Associate at Cherry Bekaert, is joined by special guest Robert Shea , CEO of GovNavigators, to discuss2 CFR 200 uniform gu...

The Governmental Accounting Standards Board (GASB) recently issued Statement No. 102, which adds new disclosure requirements for governments. Numerous risks loom over state and local governments, which could impair their service delivery or hinder their capacity to fulfill obligations in a timely manner. While certain risks demand disclosure, many others that commonly plague these governments have...

The National Academy of Public Administration’s Agile Government Center Coordinator, G. Edward DeSeve , joined Cherry Bekaert’s Advisory Leader, Srikant Sastry , in a conversation with Nick Hart, the current president and CEO of the Data Foundation. In this episode, Ed and Srikant discuss the Organisation for Economic Co-operation and Development’s (OECD) Trust in Government Framework. According t...

As a grant recipient, it's important to ensure the money is being spent effectively and efficiently when it comes to the costs related to grant expenditures. However, justifying grant expenditures can be a complex and time-consuming process.  Hosts Kimberly Konczack, an Advisory Manager at Cherry Bekaert, and Shuo Zhang, Manager, are joined by Kat Kizior, Senior Associate, and special guest A...

Many organizations grapple with new enterprise resource planning (ERP) implementations or upgrades. The process of deciding what is best for your organization can be dizzying. There are several important questions and considerations organizational leaders need to navigate when selecting and implementing a new ERP system.  George DelPrete , Managing Director, hosted Jeffrey Yates, Assistant City Ma...

The Governmental Accounting Standards Board (GASB) recently issued Statement No. 101, Compensated Absences, to update the recognition, measurement and disclosure requirements for compensated absences in state and local governments.  The statement aims to provide financial statement users with improved and comparable information regarding compensated absences by establishing a unified model for rec...

Governmental Accounting Standards Board (GASB) Statement No. 100, Accounting Changes and Error Corrections, an amendment of GASB Statement No. 62, is in effect for fiscal years beginning after June 15, 2023. This accounting pronouncement is intended to streamline the reporting of accounting changes and error corrections, as well as the related disclosures in governmental financial reporting.  Dann...